How much CTC is said to be good for a person to be going to do a job in Bengaluru or other city?
Nothing is good enuf for a shithole like blr
If you’re a bachelor then with 12LPA(base pay), you can live a pretty decent life and save. At 12LPA, you wont pay much tax, your in hand would be around 85-90k. Your monthly expenses can be within 25-35k, buy stuff for yourself, invest some.
But as soon as you get married, your expenses would shoot up because you’ll need to have a house if your own (2BHK atleast). So in this case 20-25LPA base pay, and once you have kids, 35LPA+ atleast. This figure is for living a decent life, along with a little bit planning of future. Ofcourse, you can live a frugal life with much less.
Depends on your age and expenses.
Calculate your expense. Multiply by 3. That's a good base.
1x goes to expense.
1x for savings + investment.
1x for emergencies, fun activities and miscellaneous stuff.
There are people who are earning less than 20 lakh as family but have a settled life now.
You will find people earning more than 25-30 lakh and still be complaining.
IT salaries are an outlier even for a city like Bangalore. Other industries do not pay on par with IT. Reduce expenses with lifestyle creep and save + invest well. You will do good.
At least 10 LPA
Sales guys looking at the thread and be like damn we don’t fit in blr with our 7-10 LPAs 🤡
Atleast 10-12LPA
For a decent life style with reasonable savings 20lpa.. if conservative in lifestyle than 15lpa should be ok. Min shoukd be 1lpm take home..
Depends on your rent & commute expenses 🥲
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